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How cheap stock survive
I ready quite a bit on investments and keep with with what I have, but a question about a stock got me thinking about this.
Jones Soda company JSDA is trading around 41 cents a share and yet to push above 50 cents for the year. How does a stock that low continue to stay on the market or keep an buyers in the market. Just curious what you guys thought.
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Stocks/Investments Moderator
Somebody thinks it worth it. There may not be any buyers, but there also has to be sellers to drive price down.
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I am sure it trades OTC. Not really part of what we call the maket ie nasdaq or sp500, which have listing requirements. OTC has very few requirements, which is why most penny stocks reside there.